Re: Michael Lewis looks at the subprime crisis
What a douchebag!
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At the time I bought the subprime portfolio I thought: This is sort of like my way of giving something back. I didn't expect a profile in Philanthropy Today or anything like that. I mean, I bought at a discount
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He bought it to make money and now he's whining because it went bad. He wasn't dealing with the poor, he was dealing with some other financial institution that sold him a bill of goods. He got bamboozeled by some other rich guy and deserves every bit of pain it brings him for not being as smart as the shark who unloaded that crap on him.
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